Xiamen Faratronic Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 03:58 am EDT
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Xiamen Faratronic Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,020.87 million compared to CNY 1,336.31 million a year ago. Revenue was CNY 2,020.87 million compared to CNY 1,336.31 million a year ago. Net income was CNY 551.41 million compared to CNY 367.32 million a year ago. Basic earnings per share from continuing operations was CNY 2.45 compared to CNY 1.63 a year ago. Diluted earnings per share from continuing operations was CNY 2.45 compared to CNY 1.63 a year ago.
XIAMEN FARATRONIC CO., LTD is a China-based company, principally engaged in the manufacture and distribution of electronic basic components. The Company's main products are thin film capacitors. Its thin film capacitors are applied in electronics, home appliances, communication, electricity, industrial control, lighting, new energy (including photovoltaic, wind and automotive) and other industries. The Company also provides transformers and metallized film. The Company distributes its products within domestic market and to overseas markets.